Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[octaft]

Just one sexagenarian dude with one quadragenarian chick at a time.

How much do they charge?

[NotLambchop]

...octogenarian sex orgies...

Sorry, no octogenarian orgies around here.

Just one sexagenarian dude with one quadragenarian chick at a time.
...

Eww!
The thought of you getting all hopped up on erectile dysfunction pills, and feeding some of the drug to some poor aging woman, "for her pleasure" no doubt...
Have you no shame, monstrosity?

[Erdogan]

However , true story :

Let me explain what the difference is:
Money is sent via Western Union when cash is needed immediately.  This money is not sent for stuff like online purchases, otherwise the sender could simply make the purchase and have it shipped to a different address.

Sending Bitcoin is currently extremely cheap, because the miners are subsidised by 10% yearly inflation, AKA "block rewards" (not TX fees).  As block rewards diminish to zero over time, the miners will be forced to rely on TX fees.
Today, Bitcoin is paying 10% of its market cap to maintain the network--that's how many coins are mined in a year.  Once the block rewards approach zero, the transaction fees would have to represent ~10% of Bitcoin's market cap to maintain today's network security.  Because, as Satoshi has pointed out, the cost of mining should approach the price of coins mined.

Imagine that?  Burning 10% of world's wealth YEARLY being paid in TX fees?  

But that's a tangent.  The problem is, after receiving your bitcoin, it still must be converted to cash you can actually spend locally

Let's say one bitcoiner lived in for instance Burma, knew some merchants or pharmacists, for example and had some friends or acquaintances there, knew english. Maybe he had some cash to start a business. Could he find out who got remittances, what they used the money for, and maybe help them for a small profit?

[BoatsandBitcheswithBits]

It's nice to know moderators are useless on this forum.

Luckily ignore functions as it should.

What if they were the mods?

[NotLambchop]

However , true story :

Let me explain what the difference is:
Money is sent via Western Union when cash is needed immediately.  This money is not sent for stuff like online purchases, otherwise the sender could simply make the purchase and have it shipped to a different address.

Sending Bitcoin is currently extremely cheap, because the miners are subsidised by 10% yearly inflation, AKA "block rewards" (not TX fees).  As block rewards diminish to zero over time, the miners will be forced to rely on TX fees.
Today, Bitcoin is paying 10% of its market cap to maintain the network--that's how many coins are mined in a year.  Once the block rewards approach zero, the transaction fees would have to represent ~10% of Bitcoin's market cap to maintain today's network security.  Because, as Satoshi has pointed out, the cost of mining should approach the price of coins mined.

Imagine that?  Burning 10% of world's wealth YEARLY being paid in TX fees?  

But that's a tangent.  The problem is, after receiving your bitcoin, it still must be converted to cash you can actually spend locally

Let's say one bitcoiner lived in for instance Burma, knew some merchants or pharmacists, for example and had some friends or acquaintances there, knew english. Maybe he had some cash to start a business. Could he find out who got remittances, what they used the money for, and maybe help them for a small profit?

Are you being intentionally oblique, or would you like to rephrase your question?

[JimboToronto]

Just one sexagenarian dude with one quadragenarian chick at a time.

How much do they charge?

LOL

I don't pay for something that's free.

If anything, I expect them to make me coffee in the morning.

I don't hit on younger women. That would make me a dirty old man.

I let them hit on me. That makes me a cool old guy.

[octaft]

Just one sexagenarian dude with one quadragenarian chick at a time.

How much do they charge?

LOL

I don't pay for something that's free.

If anything, I expect them to make me coffee in the morning.

I don't hit on younger women. That would make me a dirty old man.

I let them hit on me. That makes me a cool old guy.

Hmm, my bet is on uggos, then.

[JimboToronto]

...feeding some of the drug to some poor aging woman...

Feeding? You mean offering to share?

Poor aging woman? You mean financially secure 40-somethings?

I prefer pre-menopausal women. To paraphrase the old saying, "young enough to bleed, young enough to breed".

[Tzupy]

If the market will stay into oversold zone, it's possible to drop below 340$ tomorrow.

[bad trader]

Does anyone know if the Chinese traders are actual living people or just TA bots or something?



They just keep following their trendlines on low volume and then one gets poked and boom. Then again I guess that's what traders are supposed to do.

[JimboToronto]

Hmm, my bet is on uggos, then.

Sorry, wrong again.

I find I have better orgasms with better-looking women.

Luckily, more women are attracted by performance than by appearance and I play in several bands. I usually get hit on after gigs, and not just by groupies.

Luckily, many women also like to gossip (and brag) with their friends and word gets around.

[ChartBuddy]

Explanation

[macsga]

Hmm, my bet is on uggos, then.

Sorry, wrong again.

I find I have better orgasms with better-looking women.

Luckily, more women are attracted by performance than by appearance and I play in several bands. I usually get hit on after gigs, and not just by groupies.

Luckily, many women also like to gossip (and brag) with their friends and word gets around.

True story; I once met a gal who was the fiancee of a friend. HE bragged that HIS fiancee had been "prepared" to hit a band member (HE was the one who got the tickets for VIPs just to let her do her thing). I've never got the chance to learn if she actually made it.

Yeah, people ARE strange.

[octaft]

Hmm, my bet is on uggos, then.

Luckily, more women are attracted by performance than by appearance and I play in several bands. I usually get hit on after gigs, and not just by groupies.

So you're uggo then?

[NotLambchop]

...feeding some of the drug to some poor aging woman...

Feeding? You mean offering to share?

Poor aging woman? You mean financially secure 40-somethings?

I prefer pre-menopausal women. To paraphrase the old saying, "young enough to bleed, young enough to breed".

Past closing time in a dank dive--think dingier version of Barfly, only with everybody ~20 years older.
Instead of Mickey Rourke, a dude actually looking ugly as Bukowsky, boils and all.
Only these are from years of banging erectile dysfunction meds, sort'a traks/sores.
That's Jimbo.  JimboToranto.  He speaks:

--Yo baby girl, body's baangin!  Commere, I wanna do a thing with you.
   --Umf?
--Comere baby, I wanna do a thing with you.
   --Ya thay thomthin hanthome?
--I said, I SAID HI THERE!
   --I'm olly forty yearth old, ya holdin'?
--Oh boy!  Now we're talking!  Got some primo erectile dysfunction pills right here honey, need a bump?

Bartender: Get thafuck out, the both of ya scumbags.

--I'm olly forty yearth old isad imolly forty ye...(unintelligible)

Bartender: The fu' OUT!  NOW!

(...)

[bad trader]

Does anyone know if the Chinese traders are actual living people or just TA bots or something?

I think you have to be a bot to believe in this rally.

[ChartBuddy]

Explanation

[ShroomsKit]

Needs more pump and dump.

[solex]

Does anyone know if the Chinese traders are actual living people or just TA bots or something?

My impression of Chinese traders is that the bitcoin market is to them a video game, and a few might even reach this stage:

9 People Who Died Playing Video Games
http://www.ranker.com/list/8-people-who-died-playing-video-games/autumn-spragg

[itod]

Market analysis: